On Thursday, Apple's stocks app for iOS, which pulls its financial data from Yahoo Finance, reported the company stock had passed $1 trillion, but that was based on the stock price being about $203 per share.

However, because the company readjusted its share count due to buybacks at the close of Q3, Apple's stock price actually needed to hit about $207.05 per share before it can claim the title as the first trillion dollar company.

At the time of publishing, based on the adjusted $205.74 share price, Apple's close to the trillion-dollar valuation, but not quite there yet, sitting at about $955.08 billion in market cap according to Google Finance.

We'll be monitoring Apple's stock price closely to see if it's able to really become the first trillion-dollar company. It's gonna be a moment to remember.

UPDATE: Aug. 2, 2018, 11:52 a.m. EDT Apple is officially the first company to hit $1 trillion market cap, according to CNBC.

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